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HR 1662 118th Congress House Finance and Financial Sector

Emergency Liquidity Act of 2023

Introduced: March 17, 2023 Introduced by: Torres, Ritchie Democratic · New York See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2023
Referred to the House Committee on Financial Services.
Mar 17, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Emergency Liquidity Act of 2023

This bill requires the Board of Governors of the Federal Reserve System to establish and maintain a permanent emergency lending program through which a Federal reserve bank may provide short-term liquidity to member banks or other depository institutions that pledge collateral eligible for purchase by the Federal reserve banks in open market operations.

What's happening now March 17, 2023

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1662: Emergency Liquidity Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-1662/
MLA
"H.R. 1662: Emergency Liquidity Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-1662/.
Bluebook (legal)
H.R. 1662, 118th Cong. (2026), https://openamerica.io/bill/118-HR-1662/.
Markdown link
[H.R. 1662: Emergency Liquidity Act of 2023](https://openamerica.io/bill/118-HR-1662/)
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